IRI_1170x120

health care spending

Savings from generic drugs edge up

Savings from generic drugs edge up

WASHINGTON — Annual health care savings from generic prescription drugs rose nearly 10% last year to $227 billion, according to the Generic Pharmaceutical Association (GPhA). GPhA’s 2016 Generic Drug Savings and Access in the United States report, released Wednesday, tallied the 10-year national savings for generics at $1.46 trillion, representing a gain of 328% from

PhRMA places Rx costs into context

PhRMA places Rx costs into context

The updated “Prescription Medicines: Costs In Context” report from the Pharmaceutical Research and Manufacturers of America (PhRMA) gives both a surprising and not-so-suprising snapshot of the changing Rx marketplace and how the nation’s health system is adapting. More than 7,000 medications are in development worldwide, led by drugs for cancer (1,813), neurological disorders (1,329), infectious

NACDS works to be part of the solution

NACDS works to be part of the solution

PALM BEACH, Fla. — The U.S. health care system is not functioning in a sustainable way, new National Association of Chain Drug Stores chairman Martin Otto said at the organization’s Annual Meeting here last month. Costs are too high and are rising fast, while outcomes are disappointing. “There are a number of structural issues in

Walgreens: Multiple interventions best for adherence

Walgreens: Multiple interventions best for adherence

DEERFIELD, Ill. — A new study from Walgreens Boots Alliance Inc. indicates that pharmacy interventions can lead to greater medication adherence and lower health care costs. The study, titled “Improving Medication Adherence and Health Care Outcomes in a Commercial Population Through a Community Pharmacy,” was published in a recent issue of Population Health ­Management. The

Health care spending outpaces economy

Health care spending outpaces economy

WASHINGTON — Health care spending in the United States last year exceeded $3 trillion as five years of slow growth was replaced by the Affordable Care Act’s expansion of Medicaid and private health insurance coverage. Prescription drug prices accelerated as well. Health care spending grew faster than the economy in 2014, and the federal share

Health care reform process far from over

Health care reform process far from over

The major provisions of the Patient Protection and Affordable Care Act have been in effect for almost two years now, enough time to undertake an interim analysis of the controversial law’s impact on the health care system. President Obama and other advocates of the ACA, which since its enactment in March 2010 has withstood two

There’s still plenty of work to do on health reform

Although the Affordable Care Act was signed into law by President Obama five years ago and the major provisions of the legislation took effect at the beginning of 2014, health care reform remains a highly contentious work in progress. Two recent reports provide some indications about the ACA’s success to date in achieving its primary